Word: boone
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Dates: during 1980-1989
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...breakup of NTT's monopoly could prove a boon to Japanese telephone users. The 32-year-old NTT has been slow to innovate, sometimes leaving customers with costly service. The price for a call between Tokyo and Osaka, which is currently 40? for 45 seconds, could soon be slashed in half...
Healthy truck sales are a boon to automakers. Trucks are cheaper to build than cars, and hence more profitable, because they contain fewer parts and are restyled less frequently. Detroit's rule of thumb is that trucks provide one-quarter of the industry's total volume but one-third of its profits. At AMC, sales of the Jeep Cherokee and Wagoneer models are the principal reason that the company is expected to report a profit this year for the first time since...
...left the University of Pennsylvania in 1973 to found the Institute of Nautical Archaeology at Texas A & M University, is a kind of underwater Indiana Jones, a wet-suit archaeologist who searches out clues to the past on the ocean bottom. The uncovering of the wreck may prove a boon to the nascent but growing field of nautical archaeology, of which Bass is a founding father. Since 1960, Bass has not only adapted the traditional archaeological surveying techniques to the seabed but also contributed to key technological advances, like an underwater "telephone booth" to help divers communicate...
...American economy staged a stronger recovery than expected, the powerhouse industries of the Pacific region shifted into overdrive. Singapore's exports to the U.S. rose 51% in the first eight months of this year, and Japan's jumped 46%. The flood of Asian products is a boon to American consumers, but it has stirred cries from U.S. companies and labor unions for protection from imports...
Board Member Chen said that the reforms would be a boon to China's long-term prospects, but foresaw transitional difficulties. He predicted that China's growth rate would ease from 9.5% this year to 7.5% in 1985. The new flexible pricing system may cause inflation to rise from 1.5% to 5%. In addition, efforts by enterprises to trim their work forces and become more productive could raise unemployment. Though the official jobless rate is only 3%, Chen estimated that about 15% of the population is "underemployed" at part-time and make-work jobs...